Kiloutou continues its expansion in Spain with the acquisition of Seralfe

SpainAcquisitions Olivier Colleau

Kiloutou has acquired Seralfe, an equipment rental firm in Madrid, Spain, continuing its expansion in the Spanish market.

Seralfe is one of the leading equipment rental firms in Madrid with a branch and 20 employees. The company has a fleet of more than 1,600 machines – including loaders, diggers and small plant – and serves business customers such as self-employed trades, SMEs and national key accounts in the construction and civil engineering sector.

This new acquisition comes after Kiloutou took over Rentecnika in 2015, Alvecon in 2016 and CTC de Maquinaria in 2017 and is part of the group’s strategy to grow its business in Spain and expand its range of services in the Madrid region. Kiloutou will draw on the experience and expertise of Seralfe’s teams to continue developing the business.

For Olivier Colleau, CEO of the Kiloutou Group, “This acquisition is fully in line with Kiloutou’s international development strategy, which aims to consolidate our positions in high potential markets. It allows us to strengthen our presence in the dynamic Madrid market and once again illustrates our ability to federate around our development project, high-quality regional stakeholders with a strong local presence. Kiloutou’s long-term goal is to continue its development on the Spanish market through internal growth, opening of branches and acquisitions.”

For Jesús Martín Valladolid and Julián Hernández Delgado, Seralfe’s founders and shareholders, “We are delighted about Seralfe’s acquisition by the Kiloutou Group. The project put forward was a key element in our decision to sell and we are convinced that this merger will allow the company that we have created to successfully continue its development by making additional means and resources available.”

This move is part of the Kiloutou Group’s active campaign to boost development, through regular organic growth and the continuing pursuit of external growth. Internationally, it extends the development strategy undertaken in Poland, Spain, Germany and Italy over the past 4 years.

About Kiloutou

Kiloutou, Europe’s third-largest generalist equipment rental company in Europe and a major player in the sector in France, has for over 40 years combined economic performance with environmental and human values to promote the most innovative solutions for an increasingly diversified customer base: construction and civil engineering companies, independent tradesmen, SMEs, local authorities, and industry. For its development, the Kiloutou Group relies on the expertise of more than 7,000 team members serving over 400,000 customers in seven countries across Europe, in France, Poland, Italy, Spain, Germany, Denmark (GSV) and following the acquisition of Grupo Vendap, Portugal. The Kiloutou Group network consists of 600 branches and fields the largest equipment range in the market, with over 1,000 product references and more than 350,000 pieces of equipment (excluding accessories) in four main product categories: earthmoving, access, utility vehicles and tools and light equipment.

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